Cameron says 'still no deal' at EU 'Brexit' summit

Image
AFP Brussels
Last Updated : Feb 19 2016 | 6:07 PM IST
Prime Minister David Cameron today said he had still not reached a deal with EU counterparts to try and keep Britain in the bloc as a crunch Brexit summit went into a second day.
Talks yesterday ran overnight as Cameron pressed his demands for EU reforms, with several of his EU peers unhappy that he should get a special deal when they have grievances of their own.
Arriving at the EU headquarters building in Brussels, Cameron said: "I was here until five o'clock this morning working through this and we've made some progress but there is still no deal."
"As I have said, I would only do a deal if we get what Britain needs so we are going to get back in there."
Cameron has repeatedly warned that if he fails to get a deal, he will walk away from Brussels with all options open, including the possibility that Britain becomes the first country to leave the EU in its more than 60-year history.
He has four key demands -- the right to curb migrant social welfare benefits, safeguards for non-euro countries against greater eurozone integration, an opt-out from ever "closer union" and measures to boost the EU's competitive standing.
Some member states, most notably Germany, agree with many of his reforms but others such as France and Belgium baulk at Britain having any sort of veto over those who want to press ahead with increased EU convergence.
EU president Donald Tusk warned in the early hours today that there was "a lot to do" to reach an accord.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 19 2016 | 6:07 PM IST

Next Story